About this home

**Prime Investment Opportunity in the Heart of Morristown!** Bring your vision to 20 King Street, a unique three-family property featuring two separate buildings a two-family home in the front and a single-family home in the rear! Offering tremendous rental income potential, this property presents an exciting opportunity for investors, contractors, or buyers looking to maximize its value. In need of a complete renovation, both buildings offer the chance to transform this property into a fantastic income-producing investment. Ideally located just steps from the Morristown Train Station and a short stroll to vibrant downtown Morristown, where you'll find an incredible selection of restaurants, coffee shops, boutiques, shopping, and nightlife. Enjoy easy access to the Morristown Green, local parks, and all the dining and entertainment along South Street. With its unique layout, desirable location, and exceptional rental income potential, this is an opportunity you won't want to miss. Bring your imagination and unlock the possibilities!

Facts and features

Schools

• Morristown High School

  high · 9-12 · 0.7 mi

  3

• Frelinghuysen Middle School

  middle · 6-8 · 2.2 mi

  5

• Fusion Academy

  middle · 6-12 · 0.2 mi

• Thomas Jefferson Elementary School

  elementary · 3-5 · 0.7 mi

  8

• Academy Of Saint Elizabeth

  high · 9-12 · 0.3 mi

• Assumption Of The Bvm School

  elementary · K-8 · 0.4 mi

Price history

• Oct 27, 2026 · Listed$645,000
• Oct 26, 2026 · Listed$645,000

Tax history

• 2026$14,526 tax · $782,700 assessed
• 2025$13,775 tax · $782,700 assessed
• 2024$12,327 tax · $782,700 assessed
• 2023$10,644 tax · $366,300 assessed
• 2022$10,578 tax · $366,300 assessed
• 2021$10,520 tax · $366,300 assessed
• 2020$10,560 tax · $366,300 assessed
• 2019$10,556 tax · $366,300 assessed

Home value

$749,500

• Cotality$749,500
• Quantarium$636,208
• Collateral Analytics$892,000

Where it is